Which of the Following Statements Is True

question 39

Multiple Choice

Which of the following statements is true?

• A)Barker's ecological psychology assumes that personality differences determine behavior.
• B)Behavior settings are bounded social situations that regulate the actions of people in the settings.
• C)The impact of the environment on behavior is purely psychological.
• D)Ecological psychology is scientific study of the effects of ambience on action.
• E)Groups perform best when they have a surplus of members for the work to be done.

Recognize the significance of opportunity costs in profit-maximizing firm decisions.

Explain the impact of economies and diseconomies of scale on firm's cost structures.

Understand the factors contributing to diseconomies of scale within large management structures.

Explain the conditions under which firms experience economies of scale.

---

Definitions:

Sum of Squares for Regression

A measure in statistical analysis that quantifies the variation in a dependent variable explained by one or more independent variables.

SSR

Sum of Squares due to Regression, a measure used in statistical analysis to determine the variance explained by a linear regression model.

Economics

The social science that studies how individuals, governments, firms, and nations make choices on allocating resources to satisfy their wants and needs.

Income

The amount of money or its equivalent received during a period of time in exchange for labor or services, from the sale of goods or property, or as a profit from financial investments.